Good news:
1. Hillary's going to raise taxes!
2. Hillary's going to save the ACA!
http://hotair.com/archives/2015/06/18/t ... increases/
1. Hillary's going to raise taxes!
Hillary Clinton’s press secretary promises tax hikes will be in her presidential campaign’s policy proposals, to be released this summer and fall. Rather than use the toxic phrase “tax hikes,” press secretary Brian Fallon disguised the coming proposals as “revenue enhancements.”
2. Hillary's going to save the ACA!
Clinton said she will strongly defend the law. But over the course of her campaign, she’ll propose some fixes.
“About how to fix the family glitch, for example,” she said, which has excluded a number of low-income people with families from getting subsidies. “About how to deal with the high cost of deductibles that put such a burden on so many working families, and how to deal with the exploding cost of drugs, particularly the so-called specialty drugs.”
. . .
However, both the family glitch and the high deductibles were deliberate choices by Democrats in the ACA. Both were trade-offs to keep premiums low, and therefore minimize the cost of the subsidies. The former only came to light in 2013, just before the disastrous rollout of the Healthcare.gov exchange. Essentially, it boils down to the employer mandate to keep insurance plans affordable for employees, capping their contributions to 9.5 percent of income – but Congress deliberately didn’t extend that to family coverage. Workers who have access to such insurance through employers can’t qualify to buy subsidized insurance for their families in ACA exchanges.
That was a deliberate cost-cutting measure by Democrats, Chris Jacobs of America Next reminded Wall Street Journal readers. “To keep the total cost of insurance subsidies … under $1 trillion, lawmakers made numerous tough choices,” Jacobs recalls. They delayed the start of subsidized insurance for a year, and put curbs on levels of subsidies in the later years of the ACA’s first decade. “And Congress passed—whether lawmakers knew it or not—the “family glitch” provision.”
The need for higher deductibles was an even more explicit choice. Obamacare mandates higher risks for insurance pools, both in terms of eliminating barriers for pre-existing conditions and for preventive-care coverage. Insurers had to either hike premiums significantly to deal with the increased access or raise deductibles to force the costs back onto the consumer. The same tough choice that Jacobs notes in terms of holding subsidy costs below $1 trillion forced the Obama administration to pressure insurers into keeping premiums low, which meant either higher deductibles or bankruptcy. Anyone with even a passing understanding of risk pools could have easily predicted these outcomes. …
http://hotair.com/archives/2015/06/18/t ... increases/